GRIN: VictoryShares International Free Cash Flow Growth ETF
What this ETF is trying to do
The VictoryShares International Free Cash Flow Growth ETF (ticker: GRIN) is designed to invest in international companies that show growth in their free cash flow. This means the fund looks for businesses outside of the United States that are generating healthy amounts of cash from their operations.
What the numbers show
The current price of this ETF is $33.08. The estimated price from roughly one year ago was about $27.97.
To understand how the fund has performed, it helps to look at two different types of returns:
• Price Return: This measures only the change in the share price. For example, the one-year price return is approximately 18.26%. The year-to-date (YTD) price return is approximately 19.73%.
• Total Return: This reflects the overall return, which includes both the share-price change and any distributions paid out by the fund. The one-year total return is approximately 18.92%, and the YTD total return is approximately 20.29%.
To put this in perspective, if you had invested $10,000 into this ETF at the estimated price from roughly one year ago ($27.97), your investment would be worth about $11,830 today based on the current share price of $33.08. Please note that this is a price-only example and does not include any distributions.
Income and distribution explanation
This ETF provides some income through distributions. The distribution yield is 0.51%. Over the last 12 months, there were 9 payouts, which usually happen on a quarterly basis. It is important to know that while these distributions provide cash, they do not guarantee that your original investment will stay the same. A high distribution yield does not always mean an investor earned that full percentage as their total return.
NAV erosion explanation
Investors often look at "NAV erosion." This is a term used to describe when the value of an investment fund is worn away over time. StockValueFinder uses an erosion-risk score to measure this risk. For GRIN, the erosion score is 100, and the label says "No price erosion detected." The severity is rated as "good," which means there are no signs of the fund's value being worn down in this way based on these measurements.
Portfolio Exposure
The ETF holds a total of 101 companies. Because the list is partial, here are some of the Top Holdings:
• ASML HOLDING NV (3.48%)
• ADVANTEST CORP (3.35%)
• BARRICK MINING CORP (2.68%)
• SAP SE (2.57%)
• KIOXIA HOLDINGS CORP ORDINARY SHARES (2.50%)
• TECHNIPFMC PLC (2.30%)
• FUJIKURA LTD (2.00%)
• SIEMENS ENERGY AG ORDINARY SHARES (2.00%)
• TOKYO ELECTRON LTD (1.97%)
• KINROSS GOLD CORP (1.90%)
Holdings can change over time.
Pros
• The fund has shown positive growth in both price return and total return over the last year.
• It has a good erosion-risk score with no detected price erosion.
• It provides exposure to many different international companies.
Cons
• The distribution yield is relatively low at 0.51%.
• There is no three-year price or total return data available in the facts provided.
Beginner takeaway
This ETF focuses on international growth and has shown positive performance over the last year. While it provides a small amount of income through distributions, its main movement comes from share-price growth. It currently shows no signs of NAV erosion based on the supplied measurements.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML HOLDING NV | n/a | 3.48% |
| 2 | ADVANTEST CORP | n/a | 3.35% |
| 3 | BARRICK MINING CORP | n/a | 2.68% |
| 4 | SAP SE | n/a | 2.57% |
| 5 | KIOXIA HOLDINGS CORP ORDINARY SHARES | n/a | 2.50% |
| 6 | TECHNIPFMC PLC | n/a | 2.30% |
| 7 | FUJIKURA LTD | n/a | 2.00% |
| 8 | SIEMENS ENERGY AG ORDINARY SHARES | n/a | 2.00% |
| 9 | TOKYO ELECTRON LTD | n/a | 1.97% |
| 10 | KINROSS GOLD CORP | n/a | 1.90% |